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Weekly unemployment claims over 600 again

Weekly unemployment claims over 600 again

New unemployment claims stayed over 600 for the second week after a quiet summer. For the week of October 12, 2013, there were 611 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 14 from the previous week's total, and 83 fewer than they were a year ago.
Altogether 4,214 new and continuing claims were filed, an increase of 36 from a week ago and 652 fewer than a year ago. The Department also processed 676 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 6 fewer than a week ago.
In addition, there were 19 Second Tier claims for benefits processed under the EUC08 program, which is 3 more than the week before. The Tier III program of extended benefits is being discontinued in Vermont as the state's unemployment rate has been under the federal threshold for more than three months.
The total for all programs was 4,920 claims, 29 more than last week but 1,374 fewer than the same time last year.
The Unemployment Weekly Report can be found at: http://www.vtlmi.info/. Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc
Vermont's unemployment rate stayed at 4.6 percent in August; the September rate will come out October 22. SEE STORY.